Colleges, Universities, And Professional Schools Global Market Report 2023 – By Type (Technical and Trade Schools, Junior Colleges, Higher Education Colleges And Universities, Business and Secretarial Schools, Computer Training, Professional and Management Development Training), By Type of Expenditure (Public, Private), By Mode (Online, Offline) – Market Size, Trends, And Global Forecast 2023-2032

Educational services are any activity partly or entirely for education, including teaching and learning, research activities, apprenticeship training, and training workshops. The main types of educational services are other educational services; colleges, universities, and professional schools; elementary and secondary schools. A university is a higher (or tertiary) education and research institution that grants academic degrees in a variety of academic disciplines. The different expenditure types of educational services include public and private that are offered through online and offline modes. The global educational services market is segmented - 1) By Type: Other Educational Services, Colleges, Universities, And Professional Schools, Elementary And Secondary Schools 2) By Type of Expenditure: Public, Private 3) By Mode: Online, Offline Subsegments Covered: Fine Arts Schools, Sports And Recreation Instruction, Language Schools, Exam Preparation And Tutoring, All Other Miscellaneous Schools And Instruction, Educational Support Services, Junior Colleges, Higher Education Colleges And Universities, Business and Secretarial Schools, Computer Training, Professional and Management Development Training, Technical and Trade Schools, Primary School, Middle School, Secondary School The global educational services market size will grow from $3,173.75 billion in 2022 to $3,421.26 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of educational services is expected to grow from $4,479.94 billion in 2027 at a CAGR of 7%. Flipped classroom model of teaching is enhancing the students learning experience by creating an interactive atmosphere in classrooms. In a flipped classroom, students view lecture materials or video lectures as homework before coming to class. In-class time, interactive discussions, and collaborative works are performed under the guidance of a teacher. Flipped classroom gives students the flexibility to consume the lecture material at their own pace and come prepared to ask specific questions in class. For instance, according to the Flipped Learning Network, 71% of teachers who flipped their classes noticed improved grades, and 80% reported improved student behavior as a result, thus indicating the effectiveness of flipped classroom teaching model. Some of the educational service providers using flipped classrooms to teach students include the University of California, Clemson University, Boston University, Harvard University, University of Michigan, and Texila American University. Major companies in the educational services market include University of California System, University of Pennsylvania, University of Michigan, Stanford University, Harvard University, Columbia University, Cornell University, Yale University, Massachusetts Institute of Technology, The Texas A&M University System, and Mulpha International Bhd. Educational services are using gamification techniques to enhance the students learning experience. Gamification is the concept of applying game-design thinking to different classroom tasks to make them more fun and engaging. Gamification is creating a holistic learning atmosphere in educational services that boosts the engagement, motivation, and essential skills of students. For instance, according to a survey conducted by WeAreTeachers, 55% of teachers are using digital online games as part of their teaching, and 63% agree that students want to practice difficult skills when presented in a game-like format. Hornsby Middle School implemented gamification techniques to engage the students in comprehensive learning. Asia-Pacific was the largest region in the educational services market in 2022. Western Europe was the second-largest region in the educational services market share. The regions covered in the educational services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the educational services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The educational services market consists of revenues earned by entities by providing training in a wide variety of subjects. Educational services entities include establishments providing academic or technical instructions such as schools, colleges, universities, and training centers. Revenues earned by educational services entities include fees charged by them for teaching, tutoring and training services. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The educational services market research report is one of a series of new reports from The Business Research Company that provides educational services market statistics, including educational services industry global market size, regional shares, competitors with an educational services market share, detailed educational services market segments, market trends and opportunities, and any further data you may need to thrive in the educational services industry. This educational services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An elementary school is an educational institution that provides the first eight years of children’s primary preparatory formal education, generally from 1st to 8th grade. Secondary schools refer to educational institutions that provide academic courses after the completion of elementary school, generally from 8th grade to 12th grade. The main types of elementary and secondary schools are primary school, middle school, and secondary school. A primary school is a place where children receive their first stage of academic learning, also known as elementary or primary education. The various expenditure type includes public and private. The different types of ownership include government, local bodies, and others and involve various fee structures such as low-income, medium-income, and high-income. The global elementary and secondary schools market is segmented - 1) By Type: Primary School, Middle School, Secondary School 2) By Type of Expenditure: Public, Private 3) By Ownership: Government, Local Body, Other Ownerships 4) By Fee Structure: Low-Income, Medium-Income, High-Income The global elementary and secondary schools market size will grow from $1,478.64 billion in 2022 to $1,607.42 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of elementary and secondary schools is expected to grow from $2,189.86 billion in 2027 at a CAGR of 8.0%. An increase in spending on education is expected to propel the growth of the elementary and secondary schools market. Spending on education refers to the expenses of the various activities of schools. The higher spending also leads to higher revenues for the schools. For Instance, according to the 2022 report, Annual Survey of School System Finances by the U.S. Census Bureau, an agency of the government of the US aimed to collect accurate information about the country's population and economy, total revenue for public school systems increased to $584.9 billion in FY 2020, from $572.5 billion in FY 2019. Total expenditure by these reporting areas grew to $586.4 billion in FY 2020, an increase from $571.8 billion in FY 2019. Therefore, the increase in spending on education is driving the growth of the elementary and secondary schools market going forward. Major companies in the elementary and secondary schools market include Goodstart Early Learning, KinderCare Learning Centers, Learning Care Group Inc., Primrose Schools, and Nobel Learning Communities Inc. Flipped classroom model of teaching is enhancing the students learning experience by creating an interactive atmosphere in classrooms. In a flipped classroom, students view lecture materials or video lectures as homework before coming to class. In-class time, interactive discussions, and collaborative works are performed under the guidance of the teacher. Flipped classroom gives students the flexibility to consume the lecture material at their own pace and come prepared to ask specific questions in class. According to the Flipped Learning Network, 71% of teachers who flipped their classes noticed improved grades, and 80% reported improved student behavior as a result., thus indicating the effectiveness of flipped classroom teaching model. Asia-Pacific was the largest region in the elementary and secondary schools market in 2022. Western Europe was the second-largest region in the elementary and secondary schools market analysis. The regions covered in the elementary and secondary schools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the elementary and secondary schools market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The elementary and secondary schools market consists of revenues earned by entities that provides basic technical courses to school students prior to bachelorette education. The elementary and secondary schools includes establishments such as boarding schools, kindergartens, military academies, finishing schools, vocational high schools. The market covers school boards and school districts. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The elementary and secondary schools market research report is one of a series of new reports from The Business Research Company that provides elementary and secondary schools market statistics, including elementary and secondary schools industry global market size, regional shares, competitors with elementary and secondary schools market share, detailed elementary and secondary schools market segments, market trends and opportunities, and any further data you may need to thrive in the elementary and secondary schools industry. This elementary and secondary schools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Professional services refer to a wide range of specialized technical, knowledge-and-expert-based advisory support services provided to other businesses. Professional services help individuals, companies or organizations accomplish tasks or meet goals. Many career fields offer services focused on creating positive outcomes for customers. Professional services include design, research, promotional and consulting services, legal services, accounting services, and all other professional, scientific, and technical services. The term "legal services" refers to actions that help people exercise their legal and legislatively established liberties. The different service providers include large enterprises, small and medium enterprises, and involve various modes such as online and offline. The global professional services market is segmented - 1) By Type: Design, Research, Promotional And Consulting Services, Legal Services, Accounting Services, All Other Professional, Scientific, and Technical Services 2) By Service Provider: Large Enterprise, Small and Medium Enterprise 3) By Mode: Online, Offline Subsegments Covered: Photographic Services, Market Research Services, Advertising, Public Relations, And Related Services, Scientific Research And Development Services, Environmental Consulting Services, Management Consulting Services, Specialized Design Services, Architectural, Engineering Consultants And Related Services, B2B Legal Services, B2C Legal Services, Hybrid Legal Services, Criminal Law Practices, Payroll Services, Tax Preparation Services, Bookkeeping, Financial Auditing and Other Accounting Services, Translation Services, Other Professional, Scientific, and Technical Services The global professional services market size grew from $6,023.65 billion in 2022 to $6,382.56 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of global professional services market is expected to grow from $7,770.09 billion in 2027 at a CAGR of 5.0%. The professional services Market growth is aided by the stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.5% in 2020, a 0.3% increase compared to previous years. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India's GDP reached 7.2%, whereas China's GDP growth reached 6.0% in 2020. Stable economic growth is expected to increase investments in end-user markets, thereby driving the market during the forecast period. Major companies in the professional services market include Deloitte Touche Tohmatsu Limited, PwC, Ernst & Young, Accenture, KPMG, Total SA, PowerChina, WPP plc, Omnicom Group Inc., and Jacobs Engineering Group Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the professional services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the professional services market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Cloud-based accounting software is increasingly preferred by accounting firms to enhance the ability to access and edit financial data through the internet, enhance security associated with financial transactions and reduce costs. Cloud-based accounting software is an accounting software similar to the software as a service (SaaS) model, hosted on remote servers to allow users to perform functions off-site. The accounting data is sent to the cloud, processed, and then returned to the user. This process saves time with automation, creates secure collaboration of financial reports, provides real-time data, and accesses financial data from anywhere. This tool allows users to access accounts from any device (smartphone, laptop, and others) through the internet; secure the data from online and offline threats; and offer better alternative solutions at lower costs than conventional tools. North America was the largest region in the professional services market share in 2022. Western Europe was the second largest region in the professional services market. The regions covered in the global professional services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the professional services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The professional services market consists of revenue earned by entities by offering services and providing support to businesses of all sizes, in all industries, and to individuals and institutions, in processes where human capital is the major input. Professional services establishments make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The professional services market research report is one of a series of new reports from The Business Research Company that provides professional services market statistics, including professional services industry global market size, regional shares, competitors with a professional services market share, detailed professional services market segments, market trends and opportunities, and any further data you may need to thrive in the professional services industry. This professional services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Learning management system (LMS) refers to a software application or web-based platform which is used to design, execute, and evaluate a learning procedure. It is a comprehensive online platform for developing, distributing, monitoring, and reporting educational content and results. It can be utilised to support both conventional face-to-face training and environments for blended/ hybrid, and online learning. The main types of components in learning management system (LMS) are solutions and services. Learning management system (LMS) services include strategy development, design, development, and support, which are enabled and used as needed by the LMS. The different delivery modes include distance learning, instructure LED training, blended training and is deployed in various modes such as cloud, on-premises. It is implemented in several verticals, such as academic and corporate. The global learning management system (LMS) market is segmented - 1) By Component: Solution, Services 2) By Delivery Mode: Distance Learning, Instructure LED Training, Blended Training 3) By Deployment Mode: Cloud, On-Premises 4) By End User: Academic, Corporate The global learning management system (LMS) market size will grow from $15.64 billion in 2022 to $18.09 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the learning management system (LMS) is expected to grow to $33.3 billion in 2027 at a CAGR of 16.5%. The increase in adoption of e-learning is expected to drive the growth of learning management system (LMS) market in the coming years. E-learning is a learning approach that is based on formalised instruction but uses digital tools. Due to the COVID-19 pandemic, many schools, colleges, and universities were forced to close in order to contain the virus. As a result, education systems embraced e-learning to assist students study from a distance during the epidemic. For instance, according to the Online Learning Statistics report in 2021, mobile e-learning reached $38 billion in 2020, and e-learning platform has been used by 80% of businesses and 50% of institutional students. Therefore, the increasing adoption of e-learning propels the learning management system (LMS) market growth. Major players in the learning management system (LMS) market are McGraw Hill Education, D2L, SAP SE, Docebo, Absorb LMS, Blackboard Inc., Cornerstone OnDemand, Oracle Corporation, IBM Corporation, Pearson, PowerSchool, Epignosis, Skillsoft, Aptara Inc., Articulate, Schoology, Tata Interactive Systems, Netdimensions Ltd., MPS Interactive, Adobe Inc., CrossKnowledge, SumTotal Systems, and TalentLMS. The use of artificial intelligence is a key trend gaining the popularity in the learning management system (LMS) market. Artificial intelligence provides various advantages to the various learning management systems by facilitating a forward-thinking approach to the team member learning experience. A specific set of algorithms is used by an AI based learning platform to learn and make predictions on data. For instance, in January 2021, Syndicate Learning Group, an India based software company announced the launch of most advanced Artificial Intelligence driven Learning Management System. This LMS has a capability to replace most Legacy LMS by bringing in technology features. In April 2020, Cornerstone OnDemand Inc., a US-based software company offering learning management system, acquired Saba Software for $1.29 billion. Through this acquisition, Cornerstone aims to expand its learning management system and innovate its products. Saba Software is a US-based company offering cloud-based intelligent talent management solutions. North America was the largest region in the learning management system market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the learning management system (LMS) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the learning management system (LMS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The learning management system market includes revenues earned by entities by monitoring user progress and performance and increasing eLearning accessibility without geographic limitations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The learning management system (LMS) market research report is one of a series of new reports from The Business Research Company that provides learning management system (LMS) market statistics, including learning management system (LMS) industry global market size, regional shares, competitors with a learning management system (LMS) market share, detailed learning management system (LMS) market segments, market trends and opportunities, and any further data you may need to thrive in the learning management system (LMS) industry. This learning management system (LMS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The colleges refer to postsecondary educational institutions that provide education beyond the 12th grade level in various programs for a graduate level degree. Universities refer to educational institutions that provide a broad range of academic disciplines under undergraduate and postgraduate programs for graduate level and advanced degrees. Professional schools refer to institutions that provide education in highly specialized professional disciplines and grant degrees at baccalaureate or graduate levels. The main types of colleges, universities, and professional schools are technical and trade schools, junior colleges, higher education colleges, and universities, business and secretarial schools, computer training, and professional and management development training. Business and secretarial schools are institutions that specialize in instructing office procedures, secretarial and stenographic skills, as well as basic computer skills, word processing, spreadsheets, and desktop publishing. The various expenditure types including public and private are offered through online and offline modes. The global colleges, universities, and professional schools market is segmented - 1) By Type: Technical and Trade Schools, Junior Colleges, Higher Education Colleges And Universities, Business and Secretarial Schools, Computer Training, Professional and Management Development Training 2) By Type of Expenditure: Public, Private 3) By Mode: Online, Offline Subsegments Covered: Cosmetology and Barber Schools, Flight Training, Apprenticeship Training, Other Technical and Trade Schools The global colleges, universities, and professional schools market size will grow from $1,199.45 billion in 2022 to $1,280.45 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of colleges, universities, and professional schools is expected to grow from $1,595.9 billion in 2027 at a CAGR of 5.7%. The increase in undergraduate student enrollment is expected to propel the growth of the colleges, universities, and professional schools market. Students studying for their first degree at a college or university are referred to as undergraduates. During the COVID-19 pandemic there was a decrease in the enrollment of students in educational institutes, however, from 2020 onwards there is a rebound in this trend. For instance, according to data from The National Center for Education Statistics (NCES) a US-based body responsible to review and report on education activities internationally in the U.S, the total undergraduate enrollment is projected to increase by 8%, from 15.9 million to 17.1 million students between 2020 and 2030. Therefore, the increase in undergraduate student enrollment is expected to drive the growth of the colleges, universities, and professional schools market going forward. Major companies in the colleges, universities, and professional schools market include University of California System, University of Pennsylvania, University of Michigan, Stanford University, Harvard University, Columbia University, Cornell University, Yale University, Massachusetts Institute of Technology, and The Texas A&M University System. Top universities based in the US and Europe are setting up branch campuses or collaborating with the local institutions in the emerging markets, especially in Asia and the Middle East. This phenomenon is being driven by the high demand for courses from these countries due to the quality of education these colleges and universities offer. According to the Cross-Border Education Research Team(C-Bert), an agency that provides information on colleges and universities with a multi-national, there are about 247 international branch campuses around the world. For instance, the University of Nottingham has set up two branch campuses one in Malaysia which has over 4,500 students, and the other in China which has over 7,000 students. Western Europe was the largest region in the colleges, universities, and professional schools market in 2022. Asia-Pacific was the second-largest region in the colleges, universities, and professional schools market analysis. The regions covered in the colleges, universities, and professional schools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the colleges, universities, and professional schools market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The colleges, universities, and professional schools market consists of revenues earned by entities that provide educational courses to students by preparing them for careers in specific fields. Colleges, universities, and professional schools entities includes establishments such as colleges, theological seminaries offering baccalaureate or graduate degrees, military academies at college level, universities and professional schools. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The colleges, universities, and professional schools market research report is one of a series of new reports from The Business Research Company that provides colleges, universities, and professional schools market statistics, including colleges, universities, and professional schools industry global market size, regional shares, competitors with colleges, universities, and professional schools market share, detailed colleges, universities, and professional schools market segments, market trends and opportunities, and any further data you may need to thrive in the colleges, universities, and professional schools industry. This college, university, and professional school market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cognitive assessment and training refer to the mental process of learning and comprehending things through senses and experience. An individual's psychological processes and rate of information processing are formally evaluated in cognitive learning. The main types of components for the cognitive assessment and training market are solutions and services. Solutions in the market consist of offerings such as assessment, data management, data analysis, and reporting and cognitive training. Services in the market consist of services such as training and support or consulting by the providers. The components are used in small and medium-sized enterprises (SMEs), and large enterprises. These are used by healthcare and life sciences, education, corporate, and others. These are applied to clinical trials, learning, research, and others. The global cognitive assessment and training market is segmented - 1) By Component: Solutions, Services 2) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises 3) By Vertical: Healthcare And Life Sciences, Education, Corporate, Other Verticals 4) By Application: Clinical Trials, Learning, Research, Other Applications The global cognitive assessment and training market size will grow from $3.98 billion in 2022 to $4.94 billion in 2023 at a compound annual growth rate (CAGR) of 24.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cognitive assessment and training is expected to grow to $12.31 billion in 2027 at a CAGR of 25.6%. Increased adoption of e-learning is expected to propel the growth of the cognitive assessment and training market during the forecast period. The delivery of learning and training through digital resources such as computers is known as eLearning. Assessment is an important aspect of the online classroom. A cognitive assessment offers a profile of an individual's academic abilities and challenges, as it provides a managed snapshot of their performance, thus helping to track progress in e-learning. There has been a significant increase in the adoption of e-learning, which in turn has increased the demand for cognitive testing. According to the e-learning statistics 2020 published by EdApp, a company that creates micro-learning-based learning management systems, the global e-learning industry grew by 200% to a value of $250 billion between 2017 and 2020. Moreover, the e-learning market is projected to reach over $300 billion by 2025. Therefore, increased adoption of e-learning drives the cognitive assessment and training market growth. Major players in the cognitive assessment and training market are Cambridge Cognition, Cogstate, Pearson, CogniFit, Lumosity, Posit Science Corp., Bracket Global, Neurocog Trials Inc., Total Brain, Medavante Inc., Signant Health, ProPhase LLC, CNS Vital Signs, LearningRX, Listen and Learn Centre, Philips, MedAvante-ProPhase, VeraSci, Oxford Learning, MeritTrac, Berke, Neurotrack, GL Assessment, Savonix, Winterlight Labs, Aural Analytics, Unmind, and Altoida Inc. Key players focusing on developing mobile applications and software equipped with the latest technologies such as artificial intelligence and the Internet of Things are shaping the cognitive assessment and training market. The companies are focusing on technological innovations and new product launches for better and enhanced results and product offerings to the market. For instance, in October 2022, S2 Cognition, a US-based sports company, launched Mobile Testing Lab for athletes. The Mobile Testing Lab offers cognitive assessments to event venues hosting large groups of athletes for tournaments and camps. In January 2020, Alpine Investors' portfolio firm, Riverside Insights, a US-based publisher of clinical and educational standardized tests acquired ImPACT Applications, Inc., for an undisclosed amount. Alpine continues its policy of catalyzing growth by partnering with complementary companies in the education and healthcare sectors. With the acquisition of ImPACT Applications, Riverside strengthens its offerings in the healthcare and education sector. ImPACT Applications, Inc., is a US-based provider of research-backed concussion assessments. The company provides FDA-cleared immediate post-concussion assessment and cognitive testing for ages 12-59 which involves processing speed, memory, and visual-motor abilities of the brain. North America was the largest region in the global cognitive assessment and training market in 2022. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the cognitive assessment and training market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cognitive assessment and training market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The cognitive assessment and training market includes revenues earned by entities by offering solutions that can be used for analyzing IQ or degree of intelligence, perceptual abilities, verbal and nonverbal skills, and other factors to cater to various industries. A standardized examination that assesses a person's psychological functioning and speed of information processing is called cognitive assessment and preparation. These assessments aid in more effectively identifying and acting on human needs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cognitive assessment and training market research report is one of a series of new reports from The Business Research Company that provides cognitive assessment and training market statistics, including cognitive assessment and training industry global market size, regional shares, competitors with acognitive assessment and training market share, detailed cognitive assessment and training market segments, market trends and opportunities, and any further data you may need to thrive in the cognitive assessment and training industry. This cognitive assessment and training market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Employment services refer to those services that provide labour or workforce to other businesses for their organizational activities usually on a temporary, short-term, or long-term basis. Employment services were intended to help people obtain jobs, particularly by offering training or enabling contact between companies and job seekers. The different types of employment services are employment placement agencies, executive search services, temporary help services, and professional employer organizations. An employment agency is a business that is hired to find and hire people for other businesses. The agency can be either governmental or private, with operations at the federal, state, or local levels. The different modes include online, and offline and are used by various sectors such as banking and financial, engineering, medical, information and technology, and others. The global employment services market is segmented - 1) By Type: Employment Placement Agencies, Executive Search Services, Temporary Help Services, Professional Employer Organizations 2) By Vertical: Banking and Financial, Engineering, Medical, Information and Technology, Other Verticals 3) By Mode: Online, Offline The global employment services market size will grow from $1,603.09 billion in 2022 to $1,780.14 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of employment services market is expected to grow to $2,624.22 billion in 2027 at a CAGR of 10.2%. The increasing rate of unemployment is expected to propel the growth of the employment services market. Employment services aid people who are unemployed and looking for jobs by providing comprehensive recruiting, job search, and related services. For instance, according to data from the National Bureau of Statistics of China, a China-based deputy-cabinet-level agency, the urban unemployment rate increased to a six-month high of 5.7% in November 2022 from 5.5% in the previous month. Further, In 31 major cities and towns, the unemployment rate rose from 5.0% to 6.7% in China in 2022. Therefore, the increasing rate of unemployment is expected to drive the employment services market going forward. Major companies in the employment services market report are Randstad Holding NV, Adecco Group, Recruit Holdings, ManpowerGroup Inc., Hays Plc, Kelly Services Inc., ADP LLC, Insperity, Inc., Robert Half International Inc., and Korn Ferry. Executive search services companies and recruitment agencies are increasingly relying on artificial intelligence to simplify the recruitment process. The recruitment process involves screening profiles from a large applicant pool which is time-consuming. Artificial intelligence can automate this process for effective screening and assessment of candidates. Additionally, artificial intelligence-powered chatbots are being used for initial communication with job applicants and scheduling interviews. For instance, the ARYA platform by Leo force uses artificial intelligence to analyze profiles, resumes, and information on the web to screen job applicants. Olivia, a chat bot communicates with candidates through mobile platforms or social channels to schedule interviews. North America was the largest region in the employment services market in 2022. Asia-Pacific was the second-largest region in the global employment services market share. The regions covered in the employment services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the employment services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The employment services market consists of revenues earned by entities that list employment vacancies and refer or place applicants for employment, provide executive search, recruitment, and placement services, and supply workers to clients' businesses for limited periods of time to supplement the working force of the client, or provide human resources and human resource management services to client businesses and households. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The employment services market research report is one of a series of new reports from The Business Research Company that provides employment services market statistics, including the employment services industry global market size, regional shares, competitors with an employment services market share, detailed employment services market segments, market trends and opportunities, and any further data you may need to thrive in the employment services industry. This employment services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The internet of things, or IoT, is a collection of interconnected smart devices, mechanical and digital machines, objects, animals, or people supplied with unique identifiers (UIDs) and the ability to transmit data across a network without needing human-to-human or human-to-computer interaction. IoT sensors are used in healthcare, automotive, transportation, manufacturing, and other industrial sectors. The main type of IOT sensors are temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, inertial sensors, image sensors and others. Temperature sensors help in monitoring the temperature of a ship to log it automatically. The IOT sensors are applied across various areas such as building automation, industrial application, automotive application, healthcare application, retailing & logistics application, security application, agriculture application, other applications and used in healthcare, automotive and transportation, manufacturing/ industrial, others. The global IoT sensors market is segmented - 1) By Product Type: Temperature sensors, Pressure sensors, Humidity sensors, Flow sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial sensors, Image sensors, Other Product Types 2) By Application: Building Automation, Industrial Application, Automotive Application, Healthcare Application, Retailing & Logistics Application, Security Application, Agriculture Application, Other Applications 3) By End-user Industry: Healthcare, Automotive and Transportation, Manufacturing / Industrial, Other End-Users The global IoT sensors market will grow from $6.2 billion in 2022 to $6.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size in global IoT sensors market is expected to grow to $8.67 billion in 2027 at a compound annual growth rate (CAGR) of 6.9%. The application of IoT in automotive and transport sectors is a key factor driving the growth of the IoT sensors market. The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. With industrial and commercial use, IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control, and data delivery at any transportation point. For instance, the companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. The driverless vehicles are likely to dominate the industry by 2030 according to NASDAQ estimates. Therefore, the application of IoT in automotive and transport industries is expected to drive the growth of the IoT sensors market. Major players in the IoT sensors market are Texas Instruments, TE Connectivity, NXP Semiconductors, STMicroelectronics, TDK Corporation, Infineon Technologies, Omron, Honeywell, Sensata Technologies, and Broadcom. The data security concerns are a key factor hampering the growth of the IoT sensors market. The rate of data intrusions is also increasingly growing with the rising technology. IoT systems are being newly built, and safety requirements are lacking, this serves as a major obstacle to the growth of the market for IoT sensors, since enterprise data protection is of great importance when designing analytical solutions for many vertical applications. For instance, a group of researchers from Ruhr University Bochum in Germany identified a security problem in the common messaging apps WhatsApp which could allow hackers to spy on private group chats. According to Forbes, in 2021, 97% of the firms are impacted by a cybersecurity breach in their supply chain and 93% of them suffered a direct cybersecurity breach. Therefore, the data security concerns are expected to limit the growth of the IoT sensors market. The artificial intelligence is a key trend in the IoT sensors market. Artificial intelligence is the basic ingredient required to process the huge amount of data gathered these days, and to maximize its value for the company. AI will assist IoT data analysis in the following areas, such as data accuracy in time series, predictive and advanced analytics, data preparation, geospatial and location real-time (logistic data). In 2020, based on their AI capabilities, the major cloud vendors, including Amazon, Microsoft and Google, are increasingly looking to succeed. Various companies hope to expand their market share with AI algorithms capable of exploiting machine learning and deep learning, allowing businesses to derive more value from their ever-increasing data volumes. In July 2021, Taoglas, an Ireland-based provider of advanced antennas and next-generation IoT solutions, acquired Smartsensor Technologies for an undisclosed amount. This acquisition allows Taoglas to expand their industrial and enterprise-level IoT services and accelerates their connected smart services growth objectives. Smartsensor Technologies is an Australia-based full-service Internet of Things company. Asia-Pacific was the largest region in the IoT sensors market in 2022. North America was the second-largest region in the global IoT sensors market share. The regions covered in the global IoT sensors market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The internet of things (IoT) sensors market consists of sales of temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, and other internet of things (IoT) sensors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The IoT sensors market research report is one of a series of new reports from The Business Research Company that provides IoT sensors market statistics, including IoT sensors industry global market size, regional shares, competitors with a IoT sensors market share, detailed IoT sensors market segments, market trends and opportunities, and any further data you may need to thrive in the IoT sensors industry. This IoT sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.